On October 31, the stockholders' equity section of Pina Colada Corp. consists of common stock $315,000 and retained earnings $893,000. Pina Colada is considering the following two courses of action: (1) deciaring a 6% stock dividend on the 31,500,$10 par value shares outstanding or (2) effecting a 2 for-1 stock split that will reduce par value to $5 per share. The current market price is $14 pershare. Prepare a tabular summary of the effects of the alternative actions on the components of stockholders' equity, outstanding shares, and par value per share. Attempts: 1 of 3 used